OnePath

OnePath OneAnswer Pension

No. of members: 919797
Fund size: $38.8b
Public offer:
Product type: Master Trust-Allocated Pension
Target market: -
Year started: 1992
Past 5-year return
2.38%
Admin fee

$0

Calc fees on 50k

$1.5k

SuperRatings awards
Highlighted
7.15%

$117

AustralianSuper

$472

Advisory services
Death insurance
Income protection
Online access
Term deposits
Variety of options
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Past 5-year return
2.38%
Admin fee

$0

Calc fees on 50k

$1.5k

SuperRatings awards

Pros and Cons

Pros and Cons

  • Range of high interest cash funds that are government guaranteed and non-government guaranteed.
  • Innovative capital protected multi-sector and Australian share funds with no minimum lock in period for protection.
  • Entry fee, Nil Entry Fee and Fee for Service fee structures.
  • Tax effective super to pension transfers - bonus paid to refund unrealised capital gains tax and transaction costs.

Summary

OnePath OneAnswer is a comprehensive fee for service advice solution offered by OnePath, enabling members to tailor their investment solutions to help achieve their retirement goals. OnePath OneAnswer Pension is closed to new members and is only available to existing investors as at 1 July 2013. OnePath OneAnswer offers a comprehensive investment menu, providing members with access to both OptiMix and OnePath Multi-Manager funds, as well as a range of single manager investment funds and term deposits. The OnePath Managed Growth (NCF) option underperformed the SuperRatings Index over the 10 year period to 30 June 2019.Fees are higher than the industry average across all account balances assessed; however, the dollar admin fee is waived on account balances of $10K and over. Rebates apply to account balances over $100K and an additional rebate is applied to all account balances after four years of each investment. OnePath OneAnswer Pension offers excellent flexibility, with members having the ability to receive payments monthly through to annually and to choose from multiple payment dates. Members with more than one investment option can nominate the options from which payments are to be drawn. Members are furthermore able to invest in ANZ Prime CMA which provides 'At-Call' access to pension funds like a regular bank account. Beneficiary options are comprehensive, including non-lapsing, binding and non-binding nominations, as well as reversionary pensions. OnePath's secure online facility allows members to view and update their account details, as well as perform transactions. Interactive online tools, calculators and factsheets are available through the fund's website.

Features and Fees

OnePath Fees and Features

    Pros and Cons

    • Range of high interest cash funds that are government guaranteed and non-government guaranteed.
    • Innovative capital protected multi-sector and Australian share funds with no minimum lock in period for protection.
    • Entry fee, Nil Entry Fee and Fee for Service fee structures.
    • Tax effective super to pension transfers - bonus paid to refund unrealised capital gains tax and transaction costs.

    OnePath OneAnswer is a comprehensive fee for service advice solution offered by OnePath, enabling members to tailor their investment solutions to help achieve their retirement goals. OnePath OneAnswer Pension is closed to new members and is only available to existing investors as at 1 July 2013. OnePath OneAnswer offers a comprehensive investment menu, providing members with access to both OptiMix and OnePath Multi-Manager funds, as well as a range of single manager investment funds and term deposits. The OnePath Managed Growth (NCF) option underperformed the SuperRatings Index over the 10 year period to 30 June 2019.Fees are higher than the industry average across all account balances assessed; however, the dollar admin fee is waived on account balances of $10K and over. Rebates apply to account balances over $100K and an additional rebate is applied to all account balances after four years of each investment. OnePath OneAnswer Pension offers excellent flexibility, with members having the ability to receive payments monthly through to annually and to choose from multiple payment dates. Members with more than one investment option can nominate the options from which payments are to be drawn. Members are furthermore able to invest in ANZ Prime CMA which provides 'At-Call' access to pension funds like a regular bank account. Beneficiary options are comprehensive, including non-lapsing, binding and non-binding nominations, as well as reversionary pensions. OnePath's secure online facility allows members to view and update their account details, as well as perform transactions. Interactive online tools, calculators and factsheets are available through the fund's website.

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    OnePath Fees and Features

      Fund fees vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Fund past-5-year return vs. Industry average
      THIS FUND
      INDUSTRY AVERAGE
      Investment allocation
      INTERNATIONAL SHARES
      AUSTRALIAN SHARES
      PROPERTY
      ALTERNATIVES
      FIXED INTEREST
      CASH
      OTHER
      Investment option performance
      BALANCED
      HIGH GROWTH
      CONSERVATIVE BALANCE
      DIVERSIFIED FIXED INTEREST
      GROWTH
      AUSTRALIAN SHARES
      INTERNATIONAL SHARES
      CAPITAL STABLE
      PROPERTY
      CASH
      + View additional option performance information
      Product
      Past 5-year return
      Admin fee
      Company
      Calc fees on 50k
      Features
      SuperRatings awards
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